Top Shelf International Holdings Ltd (TSI) — Tangible Net Worth Ratio
Top Shelf International Holdings Ltd (TSI) has a Tangible Net Worth Ratio of 93.3% as of June 2024. This metric is calculated by deducting intangible assets (AU$2.72 Million) from net assets (AU$40.52 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See TSI current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Top Shelf International Holdings Ltd Tangible Net Worth Ratio (2017–2023)
This chart shows how Top Shelf International Holdings Ltd's Tangible Net Worth Ratio has changed across 7 annual periods from 2017 to 2023. As of June 2024, the ratio stands at 93.3%, reflecting net assets of AU$40.52 Million with intangible assets of AU$2.72 Million AUD. See defensive interval ratio of Top Shelf International Holdings Ltd to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Top Shelf International Holdings Ltd (2017–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Top Shelf International Holdings Ltd from 2017 to 2023, covering 7 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Top Shelf International Holdings Ltd (TSI) total market value.
| Year | Tangible NW Ratio | Net Assets (AUD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 93.3% | AU$40.52 Million | AU$2.72 Million | AU$83.93 Million | ▲ +3.6 pp |
| 2022 | 89.7% | AU$22.67 Million | AU$2.33 Million | AU$79.45 Million | ▼ -6.6 pp |
| 2021 | 96.3% | AU$60.51 Million | AU$2.21 Million | AU$105.81 Million | ▲ +1.0 pp |
| 2020 | 95.3% | AU$43.39 Million | AU$2.04 Million | AU$77.83 Million | ▼ -1.5 pp |
| 2019 | 96.8% | AU$50.30 Million | AU$1.60 Million | AU$67.13 Million | ▲ +5.3 pp |
| 2018 | 91.5% | AU$11.43 Million | AU$970.00K | AU$24.52 Million | ▼ -3.4 pp |
| 2017 | 94.9% | AU$9.80 Million | AU$503.00K | AU$14.30 Million | — |